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Privatization of Perspolis and Esteghlal Clubs in a Non-Tender Method

Privatization of Perspolis and Esteghlal Clubs in a Non-Tender Method

About the status of Perspolis and Esteghlal Clubs, the top adviser of the head of Iranian Privatization Organization (IPO) said: “We stopped privatization of Perspolis and Esteghlal Clubs for a short time, till starting Champions League Season. Then we restart privatization in a non-tender method.”

2015/07/26
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Saudi Privatizations

Saudi Privatizations

A new government policy-making council in Saudi Arabia may accelerate privatizations of state-owned companies, Saudi Stock Exchange chief executive Adel Al-Ghamdi said, TradeArabia reported.

2015/05/10
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Pakistan Raises Record $1.02b

Pakistan Raises Record $1.02b

Pakistan has raised a record $1.02b in the nation’s biggest asset sale by selling its entire stake in Habib Bank Ltd., the nation’s largest lender by assets, Bloomberg reported.

2015/04/20
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Private Sector to Invest $2.5b in Energy Projects

Private Sector to Invest $2.5b in Energy Projects

The private sector has planned to invest $2.5 billion in major refinery projects in the Pars Special Economic Energy Zone (PSEEZ) in Bushehr Province in the next Iranian year (starts March 20), managing director of PSEEZ said Thursday.

2015/03/17
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 State-Owned Companies Go Public

State-Owned Companies Go Public

Initial Public Offerings of government-owned companies were worth more than 38 trillion rials ($1.1 billion) within the past 10 months, SENA reported.

2015/02/23
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2 Football Clubs Will be Offered to Highest Bidders

2 Football Clubs Will be Offered to Highest Bidders

The financial statements have been signed to help remove the last obstacle in the way of privatization of the two major state-owned football clubs, Persepolis and Esteghlal, said Jaafar Sobhani, the top adviser to the director of the Iranian Privatization Organization (IPO).

2015/02/15
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Privatization of Major Football Clubs

Privatization of Major Football Clubs

Despite previous announcements that the two major state-owned football clubs, Persepolis and Esteghlal, would be priced and be ready for auction by the end of the third quarter of the year, the ambiguities in debts have hindered the price-setting process, said Abdollah Pouri-Hosseini, the director of Iranian Privatization Organization (IPO).

2015/02/15
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